On Wednesday, October 14, 2026, Oriental Land and Oriental Land Cruise announced that Japan’s first Disney cruise ship will be named the “Disney Imagination.” Its main home port will be the Tokyo International Cruise Terminal (Aomi 2-chome, Koto Ward), and the ship is scheduled to enter service in the second half of fiscal 2028 (spring 2029). On days when a ship turns around at its home port, two kinds of lodging demand appear around the berth: “pre-cruise” stays the night before embarkation and “post-cruise” stays after disembarkation. This article counts the room stock within 2km and 5km of the terminal by hotel type, checks the estimated settled ADR in Koto Ward in spring (March–April), and then sizes pre- and post-cruise demand as a sensitivity analysis, given that embarkation and disembarkation times have not yet been announced.

What Was Decided — Ship Name, Home Port and a 2H FY2028 Launch

First, a summary of what was announced. At its board meeting on July 9, 2024, Oriental Land resolved to launch a Japan-based Disney cruise business and signed a license agreement with Disney Enterprises, Inc. the same day. The plan disclosed at that time called for a total investment of about ¥330 billion, with shipbuilding starting in fiscal 2025 and service targeted for fiscal 2028. On November 29, 2024, the company signed a partnership agreement with the Tokyo Metropolitan Government on cruise business at the Port of Tokyo, establishing Tokyo as the main home port. On March 24, 2026, it announced the establishment of the operating company Oriental Land Cruise (scheduled for April 3 of that year).

Then, on October 14, 2026, at an event held at the Tokyo International Cruise Terminal, the ship’s name was revealed as the “Disney Imagination.” According to the announcement, the ship will feature a theater with more than 1,300 seats, three main dining rooms with different themes, around 30 food and beverage venues, and kids-only and adults-only areas. The home port is the Tokyo International Cruise Terminal; service is scheduled to begin in the second half of fiscal 2028 (spring 2029), with year-round operation planned from fiscal 2029. However, this article could not confirm official Japan-specific figures for the ship’s gross tonnage, number of cabins or passenger capacity, so these are treated as reported figures. Media reports put it at about 140,000 gross tons, about 340m long, about 1,250 cabins, about 4,000 passengers and about 1,500 crew, describing a design based on the “Disney Wish” (entered service 2022) with some adaptations for Japan. Reports also mentioned sailings of about 2–4 nights and bookings opening six months before launch.

Next, the receiving berth. The Tokyo International Cruise Terminal is the Port of Tokyo’s passenger ship terminal, opened on Thursday, September 10, 2020. The berth is 430m long and 30m wide with a depth of −11.5m, and the terminal building is a 4-story steel structure with about 19,000㎡ of floor area. At opening, the Tokyo Metropolitan Government Bureau of Port and Harbor positioned it as a facility “capable of accommodating the world’s largest cruise ships.” The nearest station is Tokyo International Cruise Terminal Station on the Yurikamome line, about an 8-minute walk away, in the Aomi district of the Tokyo Waterfront City (Rinkai Fukutoshin).

Source: Compiled by HotelBank Editorial Team from company disclosures and media reports

4 Hotels, 1,667 Rooms Within 2km — Two Large Odaiba/Aomi Hotels Hold 80%

This is the core of the article. Pre- and post-cruise demand originates not from “the ward with the port” but from “the berth where passengers embark and disembark,” so we counted room stock within 2km and 5km of the terminal’s location. Within 2km, 7 properties with 2,183 rooms are listed on major booking sites (of which Dai-ichi Hotel Tokyo Seafort and ANA Holiday Inn Tokyo Bay are the old and new names of the same building, so by building the count is 6 properties with 2,051 rooms). Of these, 4 properties with 1,667 rooms were operating, with selling prices observed in the last 3 months. The two Odaiba hotels, Grand Nikko Tokyo Daiba (882 rooms) and Hilton Tokyo Odaiba (453 rooms), together hold 1,335 rooms, or 80% of operating rooms. The rest are Hotel Trusty Tokyo Bayside (200 rooms) on the Ariake side and, on the Tennozu side, ANA Holiday Inn Tokyo Bay (132 rooms), which reopened under a new brand in April 2025 after renovating the former Dai-ichi Hotel Tokyo Seafort, closed in February 2023.

According to Hilton’s “Company Overview” (updated August 25, 2026), Hilton Tokyo Odaiba has 453 rooms, 22 banquet rooms and 8 food and beverage outlets, and opened under its current brand in 2015. Grand Nikko Tokyo Daiba opened in 1998 with 882 rooms, mainly twins and doubles of 33–50㎡. Where room sizes can be confirmed, the 1,335 rooms of these two hotels all have 30㎡ or more of floor space — layouts well suited to pre-cruise stays by families sailing as groups of 3–4. Hotel Trusty Tokyo Bayside, by contrast, mainly offers singles and doubles of 14–27㎡, suited to parties of two or fewer.

Source: Compiled by MetroEngines Research and HotelBank Editorial Team (4 operating hotels within 2,000m, as of October 2026). ADR is each property’s estimated settled ADR (tax-excluded equivalent). *Hilton Tokyo Odaiba is a deluxe property and therefore outside the scope of the estimated settled ADR; the figure shown is the monthly average listed price (lowest-plan level, two guests per room, tax included).

Room stock within 2km has barely moved over the past decade. It went from 6 properties with 2,051 rooms in 2017 to 5 properties with 1,959 rooms in 2026, essentially flat in both property and room count. Dai-ichi Hotel Tokyo Seafort (132 rooms) closed in 2023 and the same building reopened in 2025 as ANA Holiday Inn Tokyo Bay (132 rooms), so there has been no net addition from new construction in 10 years. Widen the radius to 5km and the picture changes: there are 122 operating properties with 31,147 rooms. The 1,667 rooms within 2km are only 5.4% of the 5km total; more than 90% of the rest is spread across Ariake, Shinagawa, Toyosu and Hamamatsucho.

122 Hotels, 31,147 Rooms Within 5km — The Largest Cluster Sits 3–4km Out in Shinagawa and Takanawa

Lining up operating rooms by distance band shows where the center of gravity of capacity lies. The 2–3km band has 15 properties with 5,231 rooms, including Sotetsu Grand Fresa Tokyo-Bay Ariake (912 rooms) and Tokyo Bay Ariake Washington Hotel (830 rooms) in Ariake, plus business hotels on the Tennozu/Shinagawa Seaside side. The 3–4km band is the thickest at 42 properties with 13,521 rooms, including large Shinagawa/Takanawa city hotels such as Shinagawa Prince Hotel (2,384 rooms) and Grand Prince Hotel Shin Takanawa (908 rooms), as well as properties in Oimachi and Toyosu. The 4–5km band has 61 properties with 10,728 rooms, centered on business hotels in Hamamatsucho, Shiba, Gotanda and Omori.

Source: Compiled by MetroEngines Research and HotelBank Editorial Team (within 5,000m, 122 operating hotels with 31,147 rooms, as of October 2026). Room counts are operating rooms by hotel type.

Source: Compiled by MetroEngines Research and HotelBank Editorial Team (within 5,000m, 122 operating hotels, as of October 2026)

Across the whole 5km radius, the hotel-type mix is business hotels at 71 properties with 15,325 rooms (49% of operating rooms), city hotels at 27 properties with 12,032 rooms (39%) and deluxe hotels at 7 properties with 2,016 rooms (6%). Large properties with 201 or more rooms account for 48 properties and 22,781 rooms, or 73% of operating rooms, making this a market well suited to cruise lines and travel agencies blocking rooms in bulk. Room stock within 5km grew from 117 properties with 28,661 rooms in 2019 to 131 properties with 31,815 rooms in 2026, an increase of 3,154 rooms (+11.0%), with properties opened in the 2020s accounting for 32 properties and 6,204 rooms (8 properties with 314 rooms whose opening year could not be confirmed are excluded from the year-by-year series).

Source: Compiled by MetroEngines Research and HotelBank Editorial Team (within 5,000m; properties open as of each year-end, only those with a confirmed opening year; OTA-listing basis; as of October 2026)

On a map the structure is even clearer. The 2km radius around the terminal covers the reclaimed land of Odaiba, Aomi and western Ariake, and lodging there is concentrated in the two Odaiba hotels. The large Ariake hotels sit in the 2–3km band, while the Shinagawa, Takanawa and Hamamatsucho inventory lies across the canals and the bay. In practice, only the two Odaiba hotels and a few on the Ariake side are within walking distance of the berth; the rest require the Yurikamome or Rinkai lines, a shuttle bus or a taxi.

Source: Compiled by MetroEngines Research and HotelBank Editorial Team (122 operating hotels; circle size = number of rooms)

Spring Rates — Koto Ward’s April ADR Is ¥18,100, an Annual Peak at 1.5x January

It is not yet known which month “spring 2029” will mean, but March–April, spanning spring break and the start of Japan’s fiscal and school year, is when Tokyo hotel rates hit their annual high. Looking at the estimated settled ADR for Koto Ward, where the terminal is located (including Ariake, Toyosu and Aomi), March 2026 was ¥15,400 (+4.3% YoY) and April was ¥18,100 (+9.9% YoY). April’s level is 1.50x January’s ¥12,100, and in 2025 too April (¥16,500) tied November (¥16,500) as the year’s high. Tokyo as a whole was ¥17,800 in April (N=1,144 properties), so Koto Ward is at almost the same level.

Source: Compiled by MetroEngines Research and HotelBank Editorial Team (Koto Ward N=39–42 properties, Tokyo N=1,067–1,151 properties. Finalized months only; estimates for October 2026 onward are not included)

By hotel type, Koto Ward’s business hotels were at ¥16,500 in April 2026 (N=33 properties) and city hotels at ¥20,400 (N=7 properties), both stepping up from March to April. The individual properties within 2km of the terminal show the same seasonality. Grand Nikko Tokyo Daiba was at ¥47,800 in March 2026 and ¥47,900 in April, almost the same as the same period of 2025 (March ¥46,300, April ¥48,200). Hotel Trusty Tokyo Bayside was at ¥20,200 in April, +21.7% from ¥16,600 a year earlier, and ANA Holiday Inn Tokyo Bay was at ¥41,700 in April, +21.0% YoY — the two mid-priced hotels lifted their spring rates a notch. Hilton Tokyo Odaiba’s lowest-plan listed price was ¥45,000 in March and ¥49,000 in April (two guests per room, tax included).

The takeaway is that cruise pre- and post-stays are not demand that “fills cheap vacancies” but demand layered on top of a spring rate band that is already at its annual peak. Pre-cruise guests cannot shift their dates because the embarkation day is fixed, so their price sensitivity is lower than that of ordinary leisure travelers. In rate terms, the demand the 4 hotels within 2km will absorb when service starts in spring 2029 is likely to be a tailwind.

How to Think About Pre- and Post-Cruise Demand — A Sensitivity Analysis From the Reported 4,000-Passenger Capacity

Embarkation/disembarkation times and sailing schedules have not been announced. The figures here are therefore a sensitivity analysis of “how many pre- and post-cruise stays could arise” under each set of assumptions, not a demand forecast. The assumptions are as follows. About 1,250 cabins and about 4,000 passengers are reported figures. Occupied cabins per sailing are set at 1,125, assuming 90% cabin occupancy (an editorial assumption for the year-round average after launch). The pre-cruise stay rate (share of cabins staying near the berth the night before embarkation) is set at 20%, 35% and 50%, and the post-cruise stay rate (share staying after disembarkation) at 10%, 20% and 30%. The pre-cruise range reflects that, with afternoon embarkation, Tokyo-area residents can travel directly from home, while passengers from regional Japan or overseas will generally arrive the day before.

Source: HotelBank Editorial Team estimates (cabin count and passenger capacity are reported figures; occupancy and pre/post-stay rates are assumptions). Operating rooms of 1,667 within 2km and 31,147 within 5km are from MetroEngines Research (as of October 2026)

Source: HotelBank Editorial Team estimates (pre-cruise rooms compared with the 1,667 operating rooms within 2km)

In the mid scenario, each sailing generates 394 pre-cruise rooms and 225 post-cruise rooms around the berth, for a total of 619 room-nights. The 394 pre-cruise rooms equal 23.6% of the 1,667 operating rooms within 2km, but only 1.3% within 5km. Even the high scenario’s 562 pre-cruise rooms are 33.7% of the 2km total and 1.8% of the 5km total. With sailings of 2–4 nights, turnarounds would be roughly twice a week, so the mid scenario yields 1,238 room-nights per week, equivalent to 10.6% of weekly supply within 2km (1,667 rooms × 7 nights).

How to read these ratios goes to the heart of this article’s conclusion. If the 30,000-plus rooms within 5km are considered the catchment, Disney cruise pre- and post-stays are a volume the existing market can absorb. However, dividing about 4,000 passengers by about 1,250 cabins gives 3.2 people per cabin, meaning the core customers will be families sailing in groups of 3–4. In rooms for two, one family needs two rooms, so at a 50% pre-cruise rate and 1.5 rooms per family the required room count swells to 843. The 1,335 rooms of the two Odaiba hotels — the only ones within 2km with 30㎡ or more of floor space — are among the few inventory that can house such a family in a single room, which points to demand concentrating in Odaiba on the night before embarkation. On dates when pre- and post-stays overlap on the same weekend, or coincide with general demand during spring break or Golden Week, the 4 hotels within 2km are likely to be near full, and Ariake in the 2–3km band and Shinagawa across the water will likely serve as secondary capacity.

Once the share of families splitting into multiple rooms is included, the number of rooms needed on the night before embarkation is the product of two assumptions. Using the pre-cruise rate and rooms per family as axes, the ratio to the 1,667 operating rooms within 2km ranges from 13.5% to 50.6%. The bottom-right cell of the table (50% pre-cruise rate, 1.5 rooms per family) corresponds to the 843 rooms mentioned above — a level at which about half of the 2km stock would be used on the night before embarkation alone.

Source: HotelBank Editorial Team estimates (1,125 occupied cabins, pre-cruise rate and rooms per family are all assumptions; figures in parentheses are ratios to the 1,667 operating rooms within 2km. Operating rooms within 2km from MetroEngines Research, as of October 2026)

In our article that back-calculated pre- and post-cruise demand from Yokohama Port’s 400,000 embarking and disembarking passengers, HotelBank set a benchmark of 216 rooms per turnaround. The Disney Imagination’s reported passenger capacity of about 4,000 is considerably larger than the average ship calling at Yokohama, so pre- and post-stays per sailing could be 2–3 times that scale. In addition, Oriental Land Cruise President Ryotaro Shiiba explained at the announcement event that short cruises of 2–3 nights from the Tokyo International Cruise Terminal would fit within Japan’s average trip length of 1.7 nights. Shorter sailings mean more turnarounds, so on a weekly basis, the shorter the sailings, the larger the total volume of pre- and post-cruise stays.

How This Differs From Our Earlier “Cruise Home Port” Article — Not a Supply Gap, but a Concrete Demand Source

In Cruise Home Ports: Daikoku 0 Rooms, Kobe 1,315 — 9 Terminals Measured, HotelBank counted rooms within 1.5km and 3km of nine terminals in Yokohama, Kobe, Hakata, Naha and Nagasaki, and showed that the larger the ship berth, the thinner the lodging within walking distance. This article applies the same unit of analysis to the Tokyo International Cruise Terminal, and differs in dealing with a port where a specific demand source — the Disney cruise — has been decided. In the nine-terminal survey, Yokohama’s Daikoku Pier for large ships had 0 rooms within 1.5km and Kobe Port Terminal had 4 properties with 1,315 rooms. The Tokyo International Cruise Terminal’s 4 hotels and 1,667 rooms within 2km are similarly thin to those two large-ship berths, while its 30,000-plus rooms within 5km make it closer to Naha’s Wakasa Berth or Yokohama’s Osanbashi Pier. The Port of Tokyo’s structure — “thin around the berth, deep across the city” — turns the question into one of transfer design: how to get pre-cruise guests to the berth.

On the supply pipeline, building plans of 50 rooms or more (building-permit basis, Ministry of Land, Infrastructure, Transport and Tourism) due for completion in Tokyo in 2027 or later are concentrated in Chiyoda, Chuo, Shibuya and Arakawa wards, and no projects with addresses in Koto Ward, Minato Ward’s Daiba or Ariake were identified at the time of research. Since permit applications are normally filed 1–2 years before opening, new supply in time for the spring 2029 launch could still be added. For now, though, it is reasonable to treat the confirmed pipeline as a lower bound and assume the existing 4 hotels with 1,667 rooms within 2km will be the capacity as-is. The constraints that port-zone (rinko chiku) district ordinances place on hotel siting are summarized in Can Hotels Be Built in Port Zones?

Summary — What Operators Can Prepare Ahead of Spring 2029

To summarize, the Tokyo International Cruise Terminal, home port of the Disney Imagination, has capacity of 4 operating hotels with 1,667 rooms within 2km and 122 hotels with 31,147 rooms within 5km. Stock within 2km has been roughly flat for 10 years, with two large Odaiba hotels holding 80%. Koto Ward’s spring estimated settled ADR peaked for the year at ¥18,100 in April 2026 (+9.9% YoY), and pre- and post-cruise demand will land in this rate band. A sensitivity analysis based on reported figures puts pre-cruise stays per sailing at 13.5–33.7% of operating rooms within 2km and 0.7–1.8% within 5km.

For operators in Odaiba and Ariake, once embarkation times and sailing schedules are announced, it will be worth designing products such as plans for 3–4 guests on the night before embarkation, transfers to the terminal with luggage, and late check-in after disembarkation. For properties on the Shinagawa/Hamamatsucho side, clear access guidance via the Yurikamome and Rinkai lines and multi-night packages combining a pre-cruise stay with Tokyo sightseeing are likely to be effective. Bookings are reported to open six months before launch, meaning pre-cruise reservations would start arriving from autumn 2028 onward from customers whose sailing dates are confirmed. We will track how capacity around the berth changes before then, using this article’s 2km and 5km figures as the baseline.

Frequently Asked Questions

Q. When and from where will the Disney Imagination sail?
A. According to Oriental Land’s announcement, its main home port is the Tokyo International Cruise Terminal (Aomi, Koto Ward), and service is scheduled to begin in the second half of fiscal 2028 (spring 2029). Year-round operation is reported to be planned for fiscal 2029.

Q. How many hotels are within walking range of the terminal?
A. Within a 2km radius there are 4 operating properties with 1,667 rooms (as of October 2026): Grand Nikko Tokyo Daiba (882 rooms), Hilton Tokyo Odaiba (453 rooms), Hotel Trusty Tokyo Bayside (200 rooms) and ANA Holiday Inn Tokyo Bay (132 rooms).

Q. How high are hotel rates in spring?
A. Koto Ward’s estimated settled ADR was ¥15,400 in March 2026 and ¥18,100 in April. April is the annual peak, about 1.5 times the January level.